Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I previously read some posts on a possibility of deducting a computer, if it is used for tracking investments etc. I paid $2400 last year (10/97) for a computer and primarily use it for my investing purposes. Obviously, I did not keep a log of the usage. Iwould like to know if I can deduct this computer. If I could, how can I do it? I am going to use TurboTax. Is there a way to do it using TurboTax? How does the depreciation method works? Pleeeze Help !!
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.